StockWatch
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Savings Institutions
Management ChangeAug 10, 2026, 04:02 PM

Riverview Bancorp EVP & Chief Lending Officer Michael Sventek to Retire

AI Summary

Riverview Bancorp, Inc. announced the retirement of Michael Sventek, Executive Vice President and Chief Lending Officer, effective October 30, 2026. Sventek, who has had a 35-year banking career, was praised by CEO Nicole Sherman for his leadership and contributions to diversifying the loan portfolio and deepening client relationships. The company plans to initiate a broad-based search for his successor in the coming month.

Key Highlights

  • Michael Sventek, EVP and Chief Lending Officer, will retire.
  • His retirement from Riverview Bancorp is effective October 30, 2026.
  • Sventek had a distinguished banking career spanning over 35 years.
  • Riverview Bancorp will commence a broad-based search for his successor.
  • The company had assets of $1.47 billion as of June 30, 2026.